Insights and Stories of Mark Weinraub

Apr. 14, 2021 at 6:13 pm CDT

Chicago | Reuters — CME Group cattle futures fell on Wednesday on concerns about rising feed costs as soybean, wheat and corn futures soared, traders said. Fund selling also weighed on the cattle market. The most-active June live cattle futures contract has closed lower for five days in a row […]

By Mark Weinraub

Apr. 13, 2021 at 6:35 pm CDT

Chicago | Reuters — U.S. corn and soybean futures rose on Tuesday, bouncing back from two days of declines on bargain buying by investment funds and concerns about tight supplies of both commodities, traders said. Wheat futures also firmed, with concerns about dry soils limiting U.S. and European production underpinning […]

By Mark Weinraub

Apr. 13, 2021 at 6:26 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures firmed slightly on Tuesday after falling their daily trading limit in the previous session. Traders said the market had run out of steam after rallying to their highest since June 2014 last week. “There no doubt remains questions about the belly’s […]

By Mark Weinraub

Apr. 12, 2021 at 6:27 pm CDT

Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Monday, led lower by the soyoil market’s decline to its lowest in nearly six weeks on bearish data about palm oil supplies, traders said. “The bean oil led the beans up and it looks like they are going […]

By Mark Weinraub

Apr. 12, 2021 at 6:23 pm CDT

Chicago | Reuters — Chicago Mercantile exchange lean hog futures dropped sharply on Monday, with numerous contracts closing down the daily three-cent limit on a round of profit-taking after the front-month contract hit its highest since June 2014 last week. “We have had a strong run and we are coming […]

By Mark Weinraub